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US-China trade war
US-China trade war
China's Xi says he wants to work out initial trade deal with US
BEIJING (Nov 22): China wants to work out an initial trade pact with the United States and has been trying to avoid a trade war, President Xi Jinping said on Friday, but is not afraid to retaliate when necessary.
November 22, 2019
Global Economy
Briefs
SINGAPORE (Nov 25): “There are new things happening in new parts of the world, and we need to be part of that story.” — Prime Minister Lee Hsien Loong, wrapping up his official visit to Mexico at the invitation of President Andrés Manuel López Obr
November 22, 2019
Global Economy
As Trump upends trade flows, no benefit felt yet from shift in global supply chains
SINGAPORE (Nov 25): Since the entry of China into the World Trade Organisation in 2001, national economies have been integrated into the global economy at an unprecedented pace. According to the WTO, more than half of world trade in goods and services con
November 22, 2019
US-China trade war
Kissinger says US and China in 'foothills of a Cold War'
(Nov 21): Former US Secretary of State Henry Kissinger said the US and China were in the “foothills of a Cold War,” and warned that the conflict could be worse than World War I if left to run unconstrained.
November 21, 2019
US-China trade war
China threatens retaliation as US Senate passes Hong Kong democracy bill
(Nov 20): The US Senate unanimously passed a bill Tuesday aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations – drawing a rebuke from Beijing.
November 20, 2019
Global Economy
As central banks cut rates, beware of liquidity traps, says OCBC's Lee
(Nov 18): A decade of playing vigorous sports, coupled with poor sleeping and working habits, slowly resulted in a slip-disc problem for Howie Lee that required surgery.
November 15, 2019
Global Economy
Briefs
SINGAPORE (Nov 11): “The system of making capitalism work well for most people is broken.” — Ray Dalio, founder of hedge fund Bridgewater Associates
November 08, 2019
Global Economy
Global economy set to deliver upside surprise
SINGAPORE (Nov 11): A quick scan of the headlines shows continued pessimism about the world economy. Respected international organisations such as the World Bank and the International Monetary Fund (IMF) have downgraded their forecasts for global growth a
November 08, 2019
US-China trade war
Trump-Xi trade summit may be pushed back to December
(Nov 7): President Donald Trump and Chinese President Xi Jinping may not be able to sign a partial trade deal until December, and two US locations have been ruled out for their highly anticipated meeting, according to a person familiar with the matter.
November 07, 2019
US-China trade war
Xi Says China will focus on imports, further lower tariffs
(Nov 5): President Xi Jinping said China would focus more on imports and further lower tariffs in his first opportunity to address global investors since the world’s two largest economies resumed trade talks in September.
November 05, 2019